Wells Fargo Maintains Overweight on Forbright, Raises Price Target to $22
Wells Fargo analyst Terry McEvoy maintains Forbright (NASDAQ:FRBT) with a Overweight and raises the price target from $21 to $22.
Read original at benzingaStocks · News reference
Forbright Bank To Sell Its Washington, D.C.-Area Legacy Branches And ~$750M In Local Deposits To Trustar Bank For A Deposit Premium Of ~$19M
The Company expects the Transaction to be accretive to 2027 earnings.Shaza Andersen, Chief Executive Officer of Trustar Bank, stated, "We are very pleased to enter into this Agreement with Forbright Bank. I have
Reference details
Connected markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Aug 21, 2026, 10:03 AM
- Checked
- Aug 21, 2026, 10:03 AM
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related headlines
JP Morgan Maintains Neutral on Forbright, Raises Price Target to $23
JP Morgan analyst Anthony Elian maintains Forbright (NASDAQ:FRBT) with a Neutral and raises the price target from $21 to $23.
Read original at benzingaForbright Q2 EPS $0.09 Misses $0.28 Estimate, Sales $129.100M Beat $76.300M Estimate
Forbright (NASDAQ:FRBT) reported quarterly earnings of $0.09 per share which missed the analyst consensus estimate of $0.28 by 67.86 percent. The company reported quarterly sales of $129.100 million which beat the
Read original at benzinga